anyone who has followed my blogs for years will know that i am an absolute blockchain maxi. i also fully believe in decentralised finance using code. we need to get rid of the banker intermediary scumbags who enslave us in debt ...
its all about the money.... getting back to decentralised finance... too much too soon. it is very immature ... and a hackers paradise. also there are a few thousand different projects contending for a few billion dollars.
but i really believe that within a decade or so banks as we know it will cease to exist.... and my grand children will ask the question 'grandpa, did you really carry pieces of paper around to swop for food?'
what is this post about ? i dont know exactly, but it was inspired by the current state of the crypto market and the global market meltdown... which includes traditional stock markets and other financial instruments.
to my mind this is a very necessary part of the transition from the old to the new....
freddy summed it up for the world.... and i am not talking about freddy mac..
too many people i know are chasing the dream and wanting it now... not realising that they have the means now and do not need to take the fast road of leverage, or staking for high apy's in immature defi (and in the process handing over your assets) ...
you go janis ....
thanks for stopping by and thanks for the support... stay safe, stay free and love the one you are with